"Premium rates for guaranteed life insurance products, which already have increased by 8%-10% this year [2011], recently have been boosted by up to 12% by some insurers. Another wave of premium hikes is expected to hit next spring [2012]." â Investment Executive, Sep 23, 2011
Life insurance premiums are going up again for permanent plans with level insurance rates which are typically guaranteed for life. The reasons are the same as last year (Podcast 90) plus a desire to increase ROIs. What is your advisor doing to help you?
This podcast accompanies a blog post at Riscario Insider: http://blog.riscario.com/2011/09/rate-hikes-is-your-advisor-sleeping-on.html
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